Receivers Have a New Playbook with Passage of the UCRERA
In football, a receiver needs a good playbook. Otherwise, passes fall incomplete and teams lose games. However, until recently, receivers appointed to oversee distressed real estate assets had no statutory playbook. This often led to inconsistent results, unnecessary litigation, and title insurance problems. Fortunately, on July 1, 2020, Florida’s Uniform Commercial Real Estate Receivership Act … Read more